On the higher time frame, the GBPAUD currency pair demonstrates a bullish trend, characterized by recent retracement movements that have brought it into an equilibrium zone. Bullish Trend: The GBPAUD has been exhibiting a bullish bias, indicating strength in the British pound relative to the Australian dollar. This trend is evident over an extended period,...
The over all trend is bearish. but OB is a counter trend, suggested TP target is sell OB zone
Rejection block respected, liquidity taken after the break of structure from the early sellers trap, we have change of character which drove price slightly up to mitigate the immediate rejection block at 1.93800. The rejection block then got activated and now price is expected to make an internal sell side liquidity sweep. The highlighted order block at 1.94000...
The GBPAUD has reached a critical resistance level. While the overall trend remains bullish, I anticipate a pullback before seeking an optimal entry point. As illustrated in the snapshot, we can identify a prior 4-hour balance area. Projecting a Fibonacci retracement from the low to the high of this price swing highlights the 61.8 level as a potential confluence...
Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Dear Traders, Hope you are doing well and enjoying the festive holidays. GBPAUD the first entry that we took, it dropped successfully 560+ pips from our entry, though as price drop it leave behind LQ Void(gaps) in the market which is where will likely to be headed in coming days. Please wait for price to do some correction and then enter using small timeframe...
Hey everyone, FX:GBPAUD when we look at GBPAUD we have identify that GBPAUD is likely to drop price have rejected at the strong area on 3D timeframe, if we look deeper price have been in consolidation phase since last few weeks. One reason could be that institutional traders are waiting for NFP data to be published. Two areas for entries, firstly price can...
Dear Traders, gbpaud distribution phase ended last Friday, price currently recovery from heavy sell off. Our target is reasonable as GBP is likely to gain back its strength as the week progresses. After looking at the last few candles of 1 hour timeframe, it is clearly visible that bullish momentum is increasing and price can reach the target in short time. If...
Pair : GBPAUD ( British Pound / Australian Dollar ) Description : Completed Impulsive Waves " 123 " and making its " 4th - abc " Impulsive Waves. Symmetrical Triangle as an Correction in Short Time Frame with the Breakout of Lower Trend Line. It can Reject from Daily Demand Zone or Fibonacci Level - 78.60% Entry Precaution : Wait for Rejection or Retracement
GBP-AUD keeps falling down And the pair looks locally Oversold so after it hits The horizontal support below At 1.89385 I think that we will See a bullish rebound
Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Delving into the current dynamics of the GBPAUD currency pair, our analysis reveals a predominantly bullish market trend on higher time frames, notably the monthly and weekly charts. Focusing on the daily time frame, we are strategically seeking an entry point. Presently, the price has undergone a substantial swing and is in the process of retracement. Our...
H1 - Bullish trend pattern. Currently it looks like a pullback is happening. No opposite signs. Until the two strong support zones hold my short term view remains bullish here.
EVENING, GBPAUD approaching a key level expected price to continue the bearish trend. Wait for price to come to our area and when it reject we can then try to enter. Use accurate stop loss and take profit. Thanks all!!
#GBPAUD forming lower low and lower high in 4h time frame. Supply zone for short 1.9170. stop loss 1.9220, target: 1.8940.
this is nothing but a follow up for my 1000+ pip trade idea so far 500/1000pips. GBPAUD will continue to go down in my opinion the market trend has changed bearish , forming lower highs if the market breaks below that level we can see a futher continuation ! if anyone caught the move from my analysis send me your results and congratulations ! more to come...
Here is my analysis for GBPAUD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Pair : GBPAUD ( British Pound / Australian Dollar ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame and Completed the Breakout of the Lower Trend Line and Making its Retracement. Completed " 1234 " Impulsive Wave. Divergence and Rejection from Fibonacci Level - 50.00% Entry Precautions : Wait until it Completes the Retracement and Rejection